A Bloomberg report said that the move is aimed at reining costs as executives grapple with minimal attrition in their ranks.
Citigroup shares fell into bear market territory on March 10. The stock has a healthy dividend yield of 3.3% and trades at an attractive valuation.
Bank-oriented exchange-traded funds (ETFs), including Invesco KBW Bank ETF KBWB, SPDR S&P Bank ETF KBE, First Trust Nasdaq Bank ETF FTXO and Themes Global Systemically Important Banks ETF GSIB, have been...
For investors seeking momentum, Invesco KBW Bank ETF (KBWB) is probably on the radar. The fund just hit a 52-week high and has moved up 53.7% from its 52-week low of $46.87 per share.Are more gains in...
See which sectors performed best and worst under Trumps first term. One sector in particular stands to benefit significantly under Trump 2.0.
The lender’s net interest income (NII) declined 4.4% sequentially, hurt by decreased yields on interest-earning assets.
The wealth manager’s total trust, investment, and other servicing fees rose 12% to $1.22 billion during the fourth quarter.
The latest quarterly results from America's major banks are crucial as investors can assess the current economic condition from these very releases. The financial sector, which accounts for around one-fifth...
Wall Street strongly rebounded on dual tailwinds of cooling inflation data and a slew of solid earnings results from the financial sector. All three major indexes registered their biggest daily percentage...
Donald Trump is set to be inaugurated later this month, and gold and bank ETFs promise to be savvy investments under his presidency.